{"id":2304,"date":"2019-08-14T04:43:06","date_gmt":"2019-08-14T04:43:06","guid":{"rendered":"https:\/\/commerceiets.com\/?p=2304"},"modified":"2019-08-14T04:43:06","modified_gmt":"2019-08-14T04:43:06","slug":"characteristics-of-managerial-economics","status":"publish","type":"post","link":"https:\/\/commerceiets.com\/characteristics-of-managerial-economics\/","title":{"rendered":"CHARACTERISTICS OF MANAGERIAL ECONOMICS"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_69_1 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/commerceiets.com\/characteristics-of-managerial-economics\/#CHARACTERISTICS_OF_MANAGERIAL_ECONOMICS\" title=\"CHARACTERISTICS OF MANAGERIAL ECONOMICS\">CHARACTERISTICS OF MANAGERIAL ECONOMICS<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/commerceiets.com\/characteristics-of-managerial-economics\/#CHARACTERISTICS_OF_MANAGERIAL_ECONOMICS-2\" title=\"CHARACTERISTICS OF MANAGERIAL ECONOMICS\">CHARACTERISTICS OF MANAGERIAL ECONOMICS<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/commerceiets.com\/characteristics-of-managerial-economics\/#MICRO_IN_NATURE\" title=\"MICRO IN NATURE\">MICRO IN NATURE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/commerceiets.com\/characteristics-of-managerial-economics\/#MACRO_ANALYSIS\" title=\"MACRO ANALYSIS\">MACRO ANALYSIS<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/commerceiets.com\/characteristics-of-managerial-economics\/#NORMATIVE_IN_NATURE\" title=\"NORMATIVE IN NATURE\">NORMATIVE IN NATURE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/commerceiets.com\/characteristics-of-managerial-economics\/#PRAGMATIC_AND_PRACTICAL\" title=\"PRAGMATIC AND PRACTICAL\">PRAGMATIC AND PRACTICAL<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/commerceiets.com\/characteristics-of-managerial-economics\/#MULTI_DISCIPLINARY\" title=\"MULTI DISCIPLINARY\">MULTI DISCIPLINARY<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/commerceiets.com\/characteristics-of-managerial-economics\/#CONCEPTUAL_AND_METRICAL\" title=\"CONCEPTUAL AND METRICAL\">CONCEPTUAL AND METRICAL<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/commerceiets.com\/characteristics-of-managerial-economics\/#THEORY_OF_FIRM\" title=\"THEORY OF FIRM\">THEORY OF FIRM<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/commerceiets.com\/characteristics-of-managerial-economics\/#BASED_MAINLY_ON_ECONOMIC_CONCEPTS\" title=\"BASED MAINLY ON ECONOMIC CONCEPTS\">BASED MAINLY ON ECONOMIC CONCEPTS<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1 class=\"has-text-align-center wp-block-heading\" id=\"characteristics-of-managerial-economics-1\"><span class=\"ez-toc-section\" id=\"CHARACTERISTICS_OF_MANAGERIAL_ECONOMICS\"><\/span><strong>CHARACTERISTICS OF MANAGERIAL ECONOMICS<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h1>\n\n\n\n<p class=\"has-medium-font-size\"><a rel=\"noreferrer noopener\" aria-label=\"Managerial Economics (opens in a new tab)\" href=\"https:\/\/commerceiets.com\/managerial-economics\/\" target=\"_blank\">Managerial Economics<\/a> refers to that branch of economics which is related with the application of various laws, theories and methods of economics to the business decision-making by the business manager. The following are the Characteristics of Managerial Economics: <\/p>\n\n\n\n<h3 class=\"has-text-align-center wp-block-heading\" id=\"characteristics-of-managerial-economics\"><span class=\"ez-toc-section\" id=\"CHARACTERISTICS_OF_MANAGERIAL_ECONOMICS-2\"><\/span>CHARACTERISTICS OF MANAGERIAL ECONOMICS<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"micro-in-nature\"><span class=\"ez-toc-section\" id=\"MICRO_IN_NATURE\"><\/span>MICRO IN NATURE<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"has-medium-font-size\">Managerial Economics is mainly micro in nature. Economics\nhas two main branches: Micro Economics and Macro Economics. Micro economics\ndeals with the problem of individuals while Macro Economics deals with the\nproblems at the level of whole economy. <\/p>\n\n\n\n<p class=\"has-medium-font-size\">Managerial Economics is the study of business decisions at\nthe level of the firm which makes it micro in nature.<\/p>\n\n\n\n<p class=\"has-light-green-cyan-background-color has-background has-medium-font-size\"><strong>ACCORDING TO SK DEO<\/strong><\/p>\n\n\n\n<p class=\"has-medium-font-size\">\u201cManagerial economics is the application of the economic\ntheory, particularly of micro-economic theory, to solve the practical problems.\u201d<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"macro-analysis\"><span class=\"ez-toc-section\" id=\"MACRO_ANALYSIS\"><\/span>MACRO ANALYSIS<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"has-medium-font-size\">Managerial Economics is closely related with the macro\nanalysis. The decision making of a business firm is affected by the business\nenvironment factors like:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Monetary Policy<\/li><li>Fiscal Policy<\/li><li>Aggregate Demand and Aggregate Supply<\/li><li>Trade cycles<\/li><li>General Price Level etc.<\/li><\/ul>\n\n\n\n<p class=\"has-medium-font-size\">So the managerial economist must also possess the knowledge\nabout the macro business environment. He must analyse the business environment\nproperly to make good decisions.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"normative-in-nature\"><span class=\"ez-toc-section\" id=\"NORMATIVE_IN_NATURE\"><\/span>NORMATIVE IN NATURE<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"has-medium-font-size\">Managerial economics is Normative in nature. It answers the\nquestion \u201cWHAT OUGHT TO BE?\u201d It suggests how the business manager should\nachieve the specific goals of his business by making appropriate business\ndecisions. It also helps to evaluate the business decisions in the long run\nthrough value judgements. So it is normative in nature.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"pragmatic-and-practical\"><span class=\"ez-toc-section\" id=\"PRAGMATIC_AND_PRACTICAL\"><\/span>PRAGMATIC AND PRACTICAL<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"has-light-green-cyan-background-color has-background has-medium-font-size\"><strong>ACCORDING TO THE HAYNES<\/strong><\/p>\n\n\n\n<p class=\"has-medium-font-size\">\u201cManagerial Economics is pragmatic. It is concerned with the\nanalytical tools that are useful, that have proven themselves in practice, or\nthat promise to improve decision-making in future.\u201d<\/p>\n\n\n\n<p class=\"has-medium-font-size\">Managerial Economics uses the theories, methods and laws of\nthe economics and apply them to solve the real business problems. It also helps\nin evaluating the various alternatives and improving the decision making in the\nfuture.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"multi-disciplinary\"><span class=\"ez-toc-section\" id=\"MULTI_DISCIPLINARY\"><\/span>MULTI DISCIPLINARY<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"has-medium-font-size\">Managerial Economics is the application of Micro Economics\nand Macro Economics. However the scope of macroeconomics includes various\ntopics from many other subjects like Mathematics, Statistics, Operations\nResearch, Accountancy, Theory of management etc. This makes the managerial\neconomics a multi-disciplinary subject.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"conceptual-and-metrical\"><span class=\"ez-toc-section\" id=\"CONCEPTUAL_AND_METRICAL\"><\/span>CONCEPTUAL AND METRICAL<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"has-medium-font-size\">Managerial Economics is both conceptual and metrical. It\noutlines, the conceptual framework to understand, analyse and solve the\ndecision making problems of any business. It also makes the use of various\nquantitative techniques from various subjects to solve the problems of any\nbusiness. In this way it is both conceptual and metrical.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"theory-of-firm\"><span class=\"ez-toc-section\" id=\"THEORY_OF_FIRM\"><\/span>THEORY OF FIRM<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"has-medium-font-size\">Managerial Economics is mainly based on the \u2018Theory of firms\u2019\nand \u2018Theory of markets\u2019.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"based-mainly-on-economic-concepts\"><span class=\"ez-toc-section\" id=\"BASED_MAINLY_ON_ECONOMIC_CONCEPTS\"><\/span>BASED MAINLY ON ECONOMIC CONCEPTS<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"has-medium-font-size\">Managerial Economics consists mainly of economic concepts that are related to the problems of any business and whose understanding helps in the achievement of various business goals. The important economic concepts related to Managerial Economics are Demand, Production, Cost, Revenue, Market Structure, Price, Profit, Capital, Foreign Trade, economic Policy, Employment, Saving, Investment etc. <\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Also Study<\/strong><\/td><td><strong>Also Study<\/strong><\/td><td><strong>Also Study<\/strong><\/td><td><strong>Also Study<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/demand\/\">Theory of Demand<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/law-of-demand\/\">Law of Demand<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/demand-function\/\">Demand Function<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/exceptions-of-law-of-demand\/\">Exceptions of law of demand<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/elasticity-of-demand\/\">Elasticity of demand<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/change-in-demand\/\">Change in demand<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/price-elasticity-of-demand\/\">Price elasticity of demand<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/difference-between-law-of-demand-and-elasticity-of-demand\/\">Law of demand Vs Elasticity of demand<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/factors-affecting-price-elasticity-of-demand\/\">Factors affecting price elasticity of demand<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/production-function\/\">Production function<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/difference-between-short-run-long-run-production-function\/\">Short run vs long run production function<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/law-of-variable-proportions\/\">Law of variable proportions<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/types-of-demand\/\">Types of demand<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/managerial-economics\/\">Managerial economics<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/characteristics-of-managerial-economics\/\">Characteristics of managerial economics<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/scope-of-managerial-economics\/\">Scope of managerial economics<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/utility-analysis\/\">Utility analysis<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/law-of-diminishing-marginal-utility\/\">Law of diminishing marginal utility<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/law-of-equi-marginal-utility\/\">Law of equi marginal utility<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/consumer-equilibrium\/\">Consumers Equilibrium<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/indifference-curve-analysis\/\">Indifference curve analysis<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/consumer-equilibrium-using-indifference-curve-analysis\/\">Consumer equilibrium using indifference curve analysis<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/relationship-between-tp-ap-and-mp\/\">Relationship between TP, AP and MP<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/law-of-increasing-returns\/\">Law of increasing returns<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/law-of-diminishing-returns\/\">Law of diminishing returns<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/law-of-constant-returns\/\">Law of constant returns<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/returns-to-scale\/\">Returns to Scale<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/economies-and-diseconomies-of-scale\/\">Economies and diseconomies of scale<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/concept-of-costs\/\">Concept of costs<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/relationship-between-ac-and-mc\/\">Relationship between AC and MC<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/traditional-theory-of-cost\/\">Traditional theory of costs<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/modern-theory-of-cost\/\">Modern theory of costs<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/explicit-vs-implicit-costs\/\">Explicit vs Implicit costs<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/revenue\/\">Revenue<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/perfect-competition\/\">Perfect competition<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/monopoly-meaning\/\">Monopoly<\/a>&nbsp;<\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/price-discrimination\/\">Price discrimination<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/difference-between-perfect-competition-and-monopoly\/\">Difference between perfect competition and monopoly<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/perfect-and-monopolistic-competition\/\">Perfect Vs Monopolistic competition<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/monopoly-and-monopolistic-competition\/\">Monopoly and monopolistic competition<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/product-differentiation-strategy\/\">Product differentiation strategy<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/monopolistic-competition\/\">Monopolistic competition<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/national-income-in-india\/\">National Income in India<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/measurement-of-national-income\/\">Measurement of national income in India<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/consumption-function\/\">Consumption function<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/keynesian-psychological-law-of-consumption\/\">Keynes Psychological law of consumption<\/a><\/td><td><\/td><td><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.linkedin.com\/in\/kajal-mahajan-7549b2197\/\" target=\"_blank\" rel=\"noreferrer noopener\">CONNECT ON LINKEDIN<\/a><\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"266\" src=\"https:\/\/commerceiets.com\/wp-content\/uploads\/2019\/04\/cropped-Presentation-resize-1024x266.jpg\" alt=\"CHARACTERISTICS OF MANAGERIAL ECONOMICS\" class=\"wp-image-787\" srcset=\"https:\/\/commerceiets.com\/wp-content\/uploads\/2019\/04\/cropped-Presentation-resize-1024x266.jpg 1024w, https:\/\/commerceiets.com\/wp-content\/uploads\/2019\/04\/cropped-Presentation-resize-300x78.jpg 300w, https:\/\/commerceiets.com\/wp-content\/uploads\/2019\/04\/cropped-Presentation-resize-768x199.jpg 768w, https:\/\/commerceiets.com\/wp-content\/uploads\/2019\/04\/cropped-Presentation-resize-1536x398.jpg 1536w, https:\/\/commerceiets.com\/wp-content\/uploads\/2019\/04\/cropped-Presentation-resize.jpg 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption>CHARACTERISTICS OF MANAGERIAL ECONOMICS<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>CHARACTERISTICS OF MANAGERIAL ECONOMICS Managerial Economics refers to that branch of economics which is related with the application of various laws, theories and methods of economics to the business decision-making by the business manager. The following are the Characteristics of Managerial Economics: CHARACTERISTICS OF MANAGERIAL ECONOMICS MICRO IN NATURE Managerial Economics is mainly micro in&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/commerceiets.com\/characteristics-of-managerial-economics\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;CHARACTERISTICS OF MANAGERIAL ECONOMICS&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":2,"featured_media":2307,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[113,92],"tags":[131],"class_list":["post-2304","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-managerial-economics","category-micro-economics","tag-managerial-economics"],"_links":{"self":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/posts\/2304"}],"collection":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/comments?post=2304"}],"version-history":[{"count":0,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/posts\/2304\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/media\/2307"}],"wp:attachment":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/media?parent=2304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/categories?post=2304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/tags?post=2304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}